Economy

Some mortgagors who took out a loan before October 2021 wouldn’t service their loan buffer now, CoreLogic has flagged, noting many face “unchartered waters”.

In a call that could have gone each way, the central bank has announced a 25 basis points hike for its Melbourne Cup Day rate decision.

Most big four banks expect a 0.25 per cent rate hike today, but recent inflation data may have put 50bps back on the table.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Opposition Leader Peter Dutton has released the Liberal Party's Budget Reply, outlining that people should be able to use their super to buy their own homes.

Given more than 1 million homes were built on average over a five-year period, economists weigh in on the government’s housing target.

The Australian Banking Association has welcomed the government’s National Anti-Scam Centre amid a swathe of breaches.

Rising interest rates have resulted in an estimated 948,000 mortgagors being “at risk” of mortgage stress, according to new research.

New dwellings were one of the major contributors to the consumer price index rising in September 2022, according to the latest Australian Bureau of Statistics data.

The new Labor government has painted a fairly grim economic picture of its first budget, but flagged “ambitious” housing targets.